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Level 2
Feb 16, 2020 7:17 PM UTC
Question

Schedule D

On Schedule there is a question concerning Qualified Opportunity Fund and is a yes or no question.  If you have none should it not be checking the box No.  Neither of the boxes are checked.  Is this ok to submit with no boxes checked

    8 replies

    Alumni - Intuit
    Feb 16, 2020 7:51 PM UTC

    The actual question on the Schedule D is, "Did you dispose of any investment(s) in a qualified opportunity fund during the tax year?", so if you had no such investments during the year, you can safely answer "no."

    If it's unchecked and isn't rejected by the IRS' e-file system, that's fine.

    Level 2
    Mar 29, 2020 5:14 PM UTC

    Why doesn't Turbo Tax ask the question about the qualified fund transfer so the question is filled in automatically. I couldn't find where it asked it.

    Level 2
    Mar 25, 2022 9:19 PM UTC

    I wonder why Turbo Tax is not able to address this issue. for two years.  Is there any way the user can fill in the box if submit e filing via Turbo Tax?

    MarilynG
    Alumni - Intuit
    Mar 28, 2022 11:58 PM UTC

    There is no indication that TurboTax will be handling Qualified Opportunity Funds in the near future.

     

    Check the box No if you don't have sales for these types of funds.  If you do, click this link for more info on Qualified Opportunity Funds. 

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    Level 2
    Feb 22, 2026 3:16 AM UTC

    How do we check the box NO? There is no option for that